Sezzle Inc. (NASDAQ:SEZL – Get Free Report) SVP Justin Krause sold 11,822 shares of Sezzle stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $106.46, for a total transaction of $1,258,570.12. Following the transaction, the senior vice president owned 67,635 shares in the company, valued at $7,200,422.10. The trade was a 14.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Justin Krause also recently made the following trade(s):
- On Tuesday, March 3rd, Justin Krause sold 1,404 shares of Sezzle stock. The shares were sold at an average price of $71.38, for a total transaction of $100,217.52.
Sezzle Stock Up 5.0%
Shares of NASDAQ:SEZL traded up $4.77 during midday trading on Monday, hitting $101.11. 607,326 shares of the company’s stock traded hands, compared to its average volume of 792,541. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.65 and a current ratio of 3.65. The company has a market cap of $3.42 billion, a PE ratio of 24.02 and a beta of 6.91. The firm’s fifty day moving average price is $72.33 and its two-hundred day moving average price is $68.20. Sezzle Inc. has a twelve month low of $49.50 and a twelve month high of $186.74.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the stock. Needham & Company LLC lifted their target price on shares of Sezzle from $94.00 to $122.00 and gave the company a “buy” rating in a report on Thursday. UBS Group set a $76.00 target price on shares of Sezzle in a report on Tuesday, February 17th. TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research note on Thursday. Zacks Research downgraded shares of Sezzle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sezzle presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.
View Our Latest Research Report on Sezzle
Institutional Investors Weigh In On Sezzle
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hussman Strategic Advisors Inc. bought a new stake in shares of Sezzle in the 3rd quarter worth about $3,006,000. IMC Chicago LLC bought a new stake in shares of Sezzle in the 3rd quarter worth about $1,575,000. State of Alaska Department of Revenue bought a new stake in shares of Sezzle in the 4th quarter worth about $1,017,000. Divisadero Street Capital Management LP increased its position in shares of Sezzle by 64.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock worth $118,867,000 after purchasing an additional 587,129 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Sezzle by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,016,768 shares of the company’s stock worth $80,864,000 after purchasing an additional 46,760 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company’s stock.
About Sezzle
Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.
Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.
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